Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
35 hedge funds and large institutions have $55.8M invested in Flaherty & Crumrine Dynamic Preferred and Income Fund in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
6% more funds holding
Funds holding: 33 → 35 (+2)
1.04% more ownership
Funds ownership: 12.01% → 13.05% (+1%)
4% more capital invested
Capital invested by funds: $53.9M → $55.8M (+$1.93M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
+$1.98M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$1.15M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$900K |
| 4 |
CCM
Covington Capital Management
Los Angeles,
California
|
+$715K |
| 5 |
SIA
SeaBridge Investment Advisors
Summit,
New Jersey
|
+$710K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.02M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$942K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$846K |
| 4 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$615K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$193K |
DFP Hedge Fund Activity: Q2 2015 in Review
35 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) for Q2 2015, worth a combined $55.8M — up 3.6% from $53.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DFP positions and 6 closed out — a net gain of 2 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was First Foundation Advisors, adding an estimated $1.98M. The largest seller was Raymond James & Associates, cutting an estimated $1.02M.
- 35 institutional investors held Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as of Q2 2015, up from 33 in Q1 2015.
- Funds reported $55.8M of Flaherty & Crumrine Dynamic Preferred and Income Fund stock for Q2 2015, up 3.6% quarter-over-quarter.
- 8 funds opened new Flaherty & Crumrine Dynamic Preferred and Income Fund positions in Q2 2015 and 6 closed out, a net change of +2 holders.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund buyer in Q2 2015 was First Foundation Advisors, an estimated $1.98M added.
- The largest Flaherty & Crumrine Dynamic Preferred and Income Fund seller in Q2 2015 was Raymond James & Associates, an estimated $1.02M sold.
Based on aggregated 13F filings for Q2 2015.